Voting options

Options are based on “extra impact” as this empales that the not funded impact is being rewarded here, and although some projects might have a huge impact on the community they might’ve received funding proportional to the impact they have generated.

Each voter is allowed to use each of the votes as many times as specified or less.

• Highest Extra Impact → 3 times
• High Extra Impact → 5 times
• Medium Extra Impact → 8 times
• Low Extra Impact → 14 times
• No Extra Impact → Unlimited
• Abstain (Not selecting any of the above options) → Unlimited

Methods

Voting With Quorum

• Each project has to receive at least 5 votes in order to be eligible to get rewards Projects who don’t reach quorum are not going to receive funds
• Inclusion vote
  • With
    • No Extra Impact vote is different from Abstain meaning, by voting No Extra Impact you actually help a team reach quorum as you have included them in your ballot. This can create unanticipated behavior, some project may rally to get No Extra Impact just to reach quorum.
  • Without (My recomendation)
    • No Extra Impact is equal to Abstain and to reach quorum you need to receive any other voting options at least 5 times A project might receive 4 highest impact and not receive it because of quorum and this might happen because of voters lack of knowledge in that space. As voters tend to favor projects that can understand and measure their impact.

Without Quorum

• No quorom
• Projects will be sorted by the number of votes received and from the top each receive funding based on the most recurrent voting option they have received.
• We need to set out the number of the projects we’ll be rewarding (30) and we’re going to reward them regardless of votes received
• We need to set the number of projects and reward all of them regardless. We might want to reward 30 projects and only get 25 submissions, should we reward all ?

Edge cases

• General
  • More projects than the specified number of votes for each voting option become eligible to receive funding. For example 4 projects become eligible for Highest Extra Impact We’ll distribute the pool of that option between the 4 projects
  • Less projects than the specified number of votes for each voting option become eligible to receive funding. For example 2 projects become eligible for Highest Extra Impact We’ll distribute the remaining proportionally between other options
  • Projects may receive No Extra Impact more than all the other options. It does not effect receiving fund, for example if you get 5 High Extra Impact an 10 No Extra Impact you will receive the funding equal to High Extra Impact.